Hi everyobdy
Since late last year, Saxo Bank has been up for sale.
As of today, we know that J. Safra Sarasin has agreed to buy about 70% of the shares of Saxo Bank. These shares come from the previous stakes of Mandatum and Geely. This acquisition is still pending regulatory approvals.
As far as I know, nothing will change for customers. But of course, we will have to wait and see.
Personally, this does not change anything in my opinion on Saxo Bank and I will keep using it as a secondary broker.
What about you? What do you think about that?
Here is one of the sources on the subject:
Since late last year, Saxo Bank has been up for sale.
As of today, we know that J. Safra Sarasin has agreed to buy about 70% of the shares of Saxo Bank. These shares come from the previous stakes of Mandatum and Geely. This acquisition is still pending regulatory approvals.
As far as I know, nothing will change for customers. But of course, we will have to wait and see.
Personally, this does not change anything in my opinion on Saxo Bank and I will keep using it as a secondary broker.
What about you? What do you think about that?
Here is one of the sources on the subject: